Utah's Growth...Dead last to middle of the road!
December 05, 2005
Two years ago, Utah's appreciation was ranked dead last and now we have moved up to 22nd in the nation. We are just behind the national average with a growth of 11.1%. Strong job growth and low interest rates are the main reasons for the great appreciation. And the outlook still remains strong. Utah still has room to grow and should have moderate to strong appreciation in the years to come. For more information.... Have a great holiday. If you want anymore information on the Salt Lake or Park City markets please email or call me.


1 Comments:
It appears that the national housing market is cooling off. SLC is not in a "bubble" by any means. You could look a little south to Las Vegas to see the sparks fly. I'd be very curious to see what happens with that market over the next couple of years.
It seems that SLC also got it's growth spurt near the end of the (national) boom. So I must wonder if the appreciation will go on a little longer then other cities that are starting to soften now? I also wonder why it took so long for SLC to become a sellers market when all the property was so undervalued to begin with?
Either way, I think SLC is still a steal compared to where I am currently living (Florida), and the rest of the nation. I'll be back out this summer to grab another home.
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